Nextracker Management
Management criteria checks 0/4
Nextracker's CEO is Dan Shugar, appointed in Feb 2023, has a tenure of 1.92 years. total yearly compensation is $20.73M, comprised of 4.1% salary and 95.9% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $5.44M. The average tenure of the management team and the board of directors is 1.9 years and 1.9 years respectively.
Key information
Dan Shugar
Chief executive officer
US$20.7m
Total compensation
| CEO salary percentage | 4.1% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.9yrs |
| Board average tenure | 1.9yrs |
Recent management updates
Recent updates
Does Nextracker (NASDAQ:NXT) Have A Healthy Balance Sheet?
Nov 26
Nextracker: Tracking Well On Quality Metrics
Nov 11Returns on Capital Paint A Bright Future For Nextracker (NASDAQ:NXT)
Oct 28Nextracker: Market Leadership And Growth Prospects Make It A Buy
Oct 24Here's Why We Think Nextracker (NASDAQ:NXT) Might Deserve Your Attention Today
Oct 06Getting In Cheap On Nextracker Inc. (NASDAQ:NXT) Is Unlikely
Sep 17Nextracker: Tracking, Not Buying
Aug 27An Intrinsic Calculation For Nextracker Inc. (NASDAQ:NXT) Suggests It's 24% Undervalued
Aug 09Nextracker (NASDAQ:NXT) Has A Rock Solid Balance Sheet
Jul 19Nextracker (NASDAQ:NXT) Is Very Good At Capital Allocation
Jul 01Nextracker: Competitive Pressures Should Compress Margins Over Time
Jun 18With EPS Growth And More, Nextracker (NASDAQ:NXT) Makes An Interesting Case
Jun 12Nextracker Inc.'s (NASDAQ:NXT) Shares Climb 29% But Its Business Is Yet to Catch Up
May 25Nextracker: Rising Star In The Solar Industry
May 16Are Investors Undervaluing Nextracker Inc. (NASDAQ:NXT) By 42%?
May 05These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely
Apr 13Nextracker: Multiple Drivers To Aim For A Prosperous Future
Apr 11There's Reason For Concern Over Nextracker Inc.'s (NASDAQ:NXT) Price
Mar 01Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest
Feb 07Nextracker: Q3 Earnings, The 'Skeletal System' For Solar Power
Feb 03A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Jan 19Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably
Jan 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 27 2024 | n/a | n/a | US$484m |
| Jun 28 2024 | n/a | n/a | US$408m |
| Mar 31 2024 | US$21m | US$850k | US$306m |
| Dec 31 2023 | n/a | n/a | US$102m |
| Sep 29 2023 | n/a | n/a | US$61m |
| Jun 30 2023 | n/a | n/a | US$22m |
| Mar 31 2023 | US$9m | US$461k | US$1m |
| Dec 31 2022 | n/a | n/a | US$6m |
| Sep 30 2022 | n/a | n/a | US$18m |
| Jul 01 2022 | n/a | n/a | US$34m |
| Mar 31 2022 | US$1m | US$415k | US$51m |
Compensation vs Market: Dan's total compensation ($USD20.73M) is above average for companies of similar size in the US market ($USD7.89M).
Compensation vs Earnings: Dan's compensation has increased by more than 20% in the past year.
CEO
Dan Shugar (60 yo)
1.9yrs
Tenure
US$20,725,590
Compensation
Mr. Daniel S. Shugar, also known as Dan, has been the Chief Executive Officer and Director of Nextracker Inc. since February 8, 2023. He is the Co-Founder of legacy Nextracker Inc. and served as its Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 1.9yrs | US$20.73m | 0.10% $ 5.4m | |
| Director & President | 1.9yrs | US$10.66m | 0.024% $ 1.3m | |
| Co-Founder & COO | 1.9yrs | US$5.59m | 0.011% $ 567.8k | |
| Chief Financial Officer | less than a year | US$186.72k | 0.0025% $ 132.4k | |
| Chief Accounting Officer | less than a year | US$9.02m | 0.016% $ 826.2k | |
| President of Strategy | 1.9yrs | US$7.55m | 0.015% $ 788.0k | |
| Co-Founder & Chief Commercial Officer | no data | no data | no data | |
| Co-Founder & CTO | no data | no data | no data | |
| Co-Founder & Chief Strategy Officer | no data | no data | no data | |
| Vice President of IR & Financial Communications | no data | no data | no data | |
| General Counsel | 1.9yrs | no data | 0.011% $ 579.0k | |
| Vice President of Global Marketing | no data | no data | no data |
1.9yrs
Average Tenure
56yo
Average Age
Experienced Management: NXT's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 1.9yrs | US$20.73m | 0.10% $ 5.4m | |
| Director & President | less than a year | US$10.66m | 0.024% $ 1.3m | |
| Independent Director | 1.9yrs | US$256.25k | 0.030% $ 1.6m | |
| Chairman | 1.9yrs | US$330.00k | 0.019% $ 1.0m | |
| Independent Director | 1.9yrs | no data | no data | |
| Independent Director | less than a year | US$129.76k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.9yrs | no data | no data | |
| Independent Director | 1.8yrs | no data | 0.0036% $ 191.4k |
1.9yrs
Average Tenure
60yo
Average Age
Experienced Board: NXT's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:57 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/27 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nextracker Inc. is covered by 40 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Kallo | Baird |
| Ishan Majumdar | Baptista Research |
| Christine Cho | Barclays |